Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$51,643,956
Property, Plant, & Equipment (net)
69%
Receivables (Non-Related)
18%
Investments
6%
Other Assets
6%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$43,189,714
Other Liabilities
37%
Notes Payable / Debt (Non-Related)
29%
Tax-Exempt Bond Liabilities
26%
Payables & Accruals
6%
Custodial & Escrow Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,041,577
$616,910
-70%
Receivables (Non-Related)
$8,222,251
$9,380,551
+14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$128,116
$137,402
+7%
Investments
$3,667,064
$3,089,292
-16%
Property, Plant, & Equipment (net)
$31,882,866
$35,399,084
+11%
Other Assets
$3,801,161
$3,020,717
-21%
Total Assets
$49,743,035
$51,643,956
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$2,616,820
$2,793,814
+7%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$11,643,232
$11,333,878
-3%
Custodial & Escrow Liabilities
$476,529
$442,833
-7%
Notes Payable / Debt (Non-Related)
$12,273,816
$12,492,642
+2%
Related-Party Payables
-
-
-
Other Liabilities
$12,927,310
$16,126,547
+25%
Total Liabilities
$39,937,707
$43,189,714
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$2,274,732
$1,557,881
-32%
Unrestricted Net Assets
$7,530,596
$6,896,361
-8%
Net assets
2023
2024
Change
Net assets
+$9,805,328
+$8,454,242
-14%